Commodity Report #38
About the energy inventory dilemma, orange juice selloff and resilient gold (for now)
The benchmark, Bloomberg Commodity Index, ended the week 2,25% higher.
The index was, once again, driven by strong energy price increases. Crude oil rallied to new highs as did gasoline and heating oil. Only Natgas gave away some gains after a very volatile week, driven by weather data and ending stock worries.
Orange Juice sold off during the week. As I …